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UrduNew research suggests the influx of Ukrainian refugees across Europe will improve long-term GDP for European countries that invest in infrastructure and other capital improvements. However, countries receiving Ukrainian refugees will likely face significant costs in the short term.
Tag: Gross Domestic Product
The spillover effects of rising energy prices following 2022 Russian invasion of Ukraine
Following the Russian invasion of Ukraine from February 24, 2022, energy prices rose by up to 20% worldwide for five months. WTI crude oil was $92.77 per barrel on February 24, 2022, but rose and averaged $106.96 (+15.3%) from February 28 to August 3.